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FDIC Makes Public September Enforcement Actions;
No Administrative Hearing Scheduled


FOR IMMEDIATE RELEASE
PR-114-2004 (11-10-2004)
Media Contact:
Frank Gresock (202) 898-6634

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in September. No administrative hearing is scheduled for November.

The FDIC processed a total of 39 orders in September. These included two cease and desist orders, seven removal and prohibition orders, four civil money penalty orders, 20 terminations of insurance, four terminations of cease-and-desist orders, and two adjudicated decisions.

Copies of the orders referred to above can be obtained from or inspected at the FDIC’s Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. (telephone (703) 562-2200 or 877-275-3342). The orders will also be made available on-line within a week of the issuance of this news release. To view the orders on-line, visit the FDIC’s Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

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FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818(b)
(Cease and Desist)

California Oaks State Bank, Thousand Oaks, CA; FDIC-04-220b; Issued 9/24/04

First Bank, Inc., Louisville, KY; FDIC-04-176b; Issued 9/9/04

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. § 1818(e)
(Removal and Prohibition Orders)

The Commercial Bank of Volusia County, Ormond Beach, FL; FDIC-04-073e; against James R. Peacock, Sr.; Issued 9/2/04

UmbrellaBank, fsb, Chicago, IL and Harvard Savings Bank, Harvard, IL; FDIC-04-146e; against Peter M. Hueser; Issued 9/16/04

Central Bank and Trust Company, Hutchinson, KS; FDIC-04-038e; against Thea M. Marston; Issued 9/16/04

Countryside Bank, Meriden, KS; FDIC-04-150e; against Rhonda A. Baker; Issued 9/16/04

The Bank of Alamo, Alamo, TN; FDIC-04-110e; against Claude M. Conley; Issued 9/16/04

Grapeland State Bank, Grapeland, TX; FDIC-04-106e; against Rebecca Streetman; Issued 9/2/04

Texas Bank and Trust Company (formerly known as Longview Bank and Trust Company), Longview, TX; FDIC-03-155e; against Leslie Howard Shipp; Issued 9/2/04

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)
(Civil Money Penalties)

The Commercial Bank of Volusia County, Ormond Beach, FL; FDIC-04-074k; Order to Pay a Civil Money Penalty against James R. Peacock, Sr. in the amount of $12,500; Issued 9/2/04

Central Bank and Trust Company, Hutchinson, KS; FDIC-04-153k; Order to Pay Civil Money Penalty against Thea M. Marston in the amount of $3,500; Issued 9/16/04

Countryside Bank, Meriden, KS; FDIC-04-151k; Order to Pay Civil Money Penalty against Rhonda A. Baker in the amount of $2,000; Issued 9/16/04

Prime Security Bank, Karlstad, MN; FDIC-04-159k; Order to Pay Civil Money Penalty in the amount of $3,000; Issued 9/13/04

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(q), 12 U.S.C. § 1818(q)
(Terminations of Insurance)

Wells Fargo Bank Alaska, National Association, Anchorage, AK; FDIC-04-186q; Issued 9/14/04

Wells Fargo Bank Arizona, National Association, Phoenix, AZ; FDIC-04-192q; Issued 9/14/04

Wells Fargo Bank West, National Association, Denver, CO; FDIC-04-190q; Issued 9/14/04

Wells Fargo Bank Illinois, National Association, Galesburg, IL; FDIC-04-193q; Issued 9/14/04

Wells Fargo Bank Indiana, National Association, Fort Wayne, IN; FDIC-04-194q; Issued 9/14/04

Sobieski Bank, South Bend, IN; FDIC-04-181q; Issued 9/29/04

Wells Fargo Bank Iowa, National Association, Des Moines, IA; FDIC-04-195q; Issued 9/14/04

Wells Fargo Bank Michigan, National Association, Marquette, MI; FDIC-04-185q; Issued 9/14/04

Wells Fargo Bank Minnesota, National Association, Minneapolis, MN; FDIC-04-196q; Issued 9/14/04

Wells Fargo Bank Montana, National Association, Billings, MT; FDIC-04-187q; Issued 9/14/04

Wells Fargo Bank Nebraska, National Association, Omaha, NE; FDIC-04-188q; Issued 9/14/04

Wells Fargo Bank Nevada, National Association, Las Vegas, NV; FDIC-04-197q; Issued 9/14/04

Wells Fargo Bank New Mexico, National Association, Albuquerque, NM; FDIC-04-198q; Issued 9/14/04

Wells Fargo Bank North Dakota, National Association, Fargo, ND; FDIC-04-199q; Issued 9/14/04

Wells Fargo Bank Ohio, National Association, Van Wert, OH; FDIC-04-200q; Issued 9/14/04

Wells Fargo Bank South Dakota, National Association, Sioux Falls, SD; FDIC-04-201q; Issued 9/14/04

Wells Fargo Bank Texas, National Association, San Antonio, TX; FDIC-04-189q; Issued 9/14/04

Pacific Northwest Bank, Oak Harbor, WA; FDIC-04-203q; Issued 9/14/04

Wells Fargo Bank, Wisconsin, National Association, Milwaukee, WI; FDIC-04-202q; Issued 9/14/04

Wells Fargo Bank Wyoming, National Association, Casper, WY; FDIC-04-191q; Issued 9/14/04

TERMINATIONS of ORDERS to CEASE and DESIST

California Oaks State Bank, Thousand Oaks, CA; FDIC-03-183b; Issued 9/29/04

Continental Community Bank and Trust Company, Aurora, IL; FDIC-03-191b; Issued 9/13/04

Fairview State Banking Company, Fairview, IL; FDIC-03-047b; Issued 9/16/04

Clay County Bank, Clay, WV; FDIC-02-201b; Issued 9/1/04

ADJUDICATED DECISIONS

Connecticut Bank of Commerce, Stamford, CT; FDIC-02-174e; FDIC-02-158e; FDIC-02-160c&b; FDIC-02-161c&b; FDIC-02-175k; FDIC-02-176k; Decision and Order on Interlocutory Review; Issued 9/21/04

Connecticut Bank of Commerce, Stamford, CT; FDIC-02-174e; FDIC-02-158e; FDIC-02-160c&b; FDIC-02-161c&b; FDIC-02-175k; FDIC-02-176k; FDIC-02-177k; FDIC-02-178k; FDIC-02-179k; FDIC-02-180k; FDIC-02-181k; FDIC-02-182k; Decision and Order Dismissing Request For Stay of Order on Interlocutory Review; Issued 9/30/04

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 9,079 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars—insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov or through the FDIC's Public Information Center (877-275-3342 or (703) 562-2200).




Last Updated 11/10/2004 communications@fdic.gov